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Nardo-Overview of Minimum Deposit, Leverage, Spreads

WikiFX | 2024-12-19 18:34

Abstract:Nardo Global Limited is an online forex broker registered in the United Kingdom. With a maximum leverage of up to 1:500 and competitive spreads starting from 0.1 pips, Nardo Global Limited offers traders access to a wide range of financial instruments, including Forex Exchange, Metals, Commodities, Gold, Silver, and CFDs (Contracts for Difference).   Traders can utilize the powerful MetaTrader5 (MT5) trading platform, equipped with advanced charting capabilities and over 50 technical indicators for in-depth market analysis.   Although educational resources are not specified, Nardo Global Limited provides customer support through email (nardogloballimited@gmail.com) and telephone (0016464410223). Please note that Nardo Global Limited is an unregulated broker, and traders should exercise caution when considering their trading activities.

NARDO Review Summary
Founded2022
Registered Country/RegionUnited States
RegulationUnregulated
Market InstrumentsForex, Metals, Commodities, Gold, Silver, CFDs
Demo AccountN/A
LeverageUp to 1:500
SpreadFrom 0.1 pips
Trading PlatformMetaTrader5 (MT5)
Min DepositN/A
Customer SupportEmail: nardogloballimited@gmail.com
Telephone: 0016464410223

NARDO Information

NARDO Global Limited is an online forex broker offering a variety of tradable assets, including forex, metals, commodities, gold, silver, and CFDs. They claim they have competitive spreads starting from 0.1 pips and a user-friendly MetaTrader5 (MT5) trading platform. However, it is an unregulated broker.

Pros & Cons

ProsCons
A variety of financial instruments(Forex Exchange, Metals, Commodities, Gold, Silver, CFDs)Lack of regulation
High leverage options (up to 1:500)Not suitable for beginners
Competitive spreads from 0.1 pips

Is NARDO Legit?

NARDO is not regulated as its NFA license isn't unauthorized

Regulatory StatusUnauthorized
Regulated byNFA
Licensed InstitutionNARDO GLOBAL LIMITED
Licensed TypeCommon Financial Service License
Licensed Number0543860
Is NARDO Legit?

What Can I Trade on NARDO?

Nardo offers a variety of instruments, including forex, metals, commodities and CFDs.

Tradable InstrumentsSupported
Forex✔
Indices❌
Shares❌
Metals✔
Commodities✔
ETFs❌
Crypto❌
Bonds❌
CFDs✔
Futures❌

Leverage

Nardo offers a high maximum leverage of up to 1:500. Remember, high leverage can improve profits but also increase losses.

NARDO Fees

Nardo claims they offer competitive spreads starting from 0.1 pips, which is considered low compared to industry standards.

Trading Platforms

Trading PlatformSupportedAvailable DevicesSuitable for which type of traders
MT4❌
MT5✔Desktop (Windows, Mac), Web, Mobile (Android, iOS)Advanced traders and Intermediate Traders
LeverageDealerForex tradingForex BrokerCommissionBroker

Related broker

No Regulation
NARDO
Company name:Nardo Global limited
Score
1.47
Website:https://nardo-fx.com/en/
2-5 years | Suspicious Regulatory License | Suspicious biz area | Common Financial Service License
Score
1.47

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